Last Mile Mobility celebrates EV milestone

A milestone to remember

Mahindra Last Mile Mobility (LMM) has solidified its position as the leading electric three-wheeler manufacturer in FY’23, securing the coveted No. 1* spot in this feat. This remarkable achievement is a testament to LMM's dedication and commitment to excellence.

LMM’s country-wide presence

In FY’23, LMM achieved impressive sales of 36,816 electric vehicles (EVs), capturing a market share of 14.6%. This significant growth surpasses the previous year's performance of 17,522 units and 7.6% market share. We owe this success to our extensive network of 1,150 touchpoints across India, the establishment of over 10,000 charging stations, and the unwavering trust our customers place in the Mahindra brand.

The market dominators

Notably, the introduction of the power-packed three-wheeler EV, the Zor Grand, has been instrumental in LMM’s achievements. Within just one year of its launch, the Zor Grand has garnered an impressive order booking of more than 23,000 vehicles. This, along with the existing portfolio, consisting of the Treo range of vehicles and the Alfas – Mini and Cargo, has reinforced LMM’s position as the No. 1 (*) three-wheeler EV manufacturer.

The Mahindra Treo, powered by Li-ion batteries, continues to dominate the electric auto segment, while its cargo versions, the Treo Zor and Zor Grand, hold a remarkable 32% market share in their respective segment. 

What’s in store at the facilities?

LMM also celebrated a significant milestone with the production of the 50,000th Mahindra eAlfa from their Haridwar plant. An additional production line for the Treo auto at the Haridwar facility has been announced.  

Expansion of the Zaheerabad plant has also been initiated, which will enable the manufacturing of electric three- and four-wheelers, further strengthening Mahindra’s commitment to electrifying the last mile.

* All data shared is as per Vahan portal

Enjoyed this story? Hit the Like button to let us know!
You can also share your thoughts in the Comments section below!